$6.6M Awarded To Oculus In Trade Secret Suit

Law360, New York (January 24, 2008, 12:00 AM EST) -- A judge has granted biopharmaceutical company Oculus Innovative Sciences Inc. $6.6 million in damages, finding that the company suffered a loss after Japanese machine manufacturer Nofil Corp. breached nondisclosure and exclusive purchase agreements relating to Oculus’ intellectual property for its Microcyn disinfectant.

Judge Susan Illston of the U.S. District Court for the Northern District of California issued the massive damages award Wednesday, following a November order granting Oculus partial summary judgment.

The Petaluma, Calif. company’s motion for summary judgment, and a previous motion seeking the dismissal...
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